Common use of Maximum Amounts of Tranches Clause in Contracts

Maximum Amounts of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and shall be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $500,000 or a whole multiple of $100,000 in excess thereof. There shall never be more than ten Tranches at any one time outstanding.

Appears in 2 contracts

Sources: Credit Agreement (Oro Spanish Broadcasting Inc), Credit Agreement (Aavid Thermal Technologies Inc)

Maximum Amounts of Tranches. All borrowings, conversions and --------------------------- continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and shall be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $500,000 or a whole multiple of $100,000 in excess thereof. There shall never be more than ten six Tranches at any one time outstanding.

Appears in 1 contract

Sources: Credit Agreement (College Television Network Inc)

Maximum Amounts of Tranches. All borrowings, conversions --------------------------- and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and shall be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $500,000 1,000,000 or a whole multiple of $100,000 in excess thereof. There shall never be more than ten six Tranches at any one time outstanding.

Appears in 1 contract

Sources: Credit Agreement (Four Media Co)

Maximum Amounts of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and shall be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $500,000 10,000,000 or a whole multiple of $100,000 1,000,000 in excess thereof. There shall never not be more than ten Tranches at any one time outstanding.

Appears in 1 contract

Sources: Credit Agreement (Northwestern Corp)

Maximum Amounts of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and shall be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $500,000 or a whole multiple of $100,000 in excess thereof. There shall never not be more than ten five Tranches at any one time outstanding.

Appears in 1 contract

Sources: Credit Agreement (Advanced Communications Group Inc/De/)